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8/30 Banks St, Monterey NSW 2217

Monterey Unit
Last sold $715,000 26 Jun 2024
Technical details
Title reference8/SP1746
Site area (whole strata scheme)1,176 m²
ZoningR4 High Density Residential
Nature of propertyOther
Primary purposeCarspace
Valuation district276
Property ID1511382

How this sale compares

Sold for $715,000 in Jun 2024, up $70,000 (11%) on the $645,000 paid in Jan 2021. That is about 3.0% a year over 3.4 years.

Over the same period the median unit price in Monterey fell 3%, from $863,500 in 2021 to $836,000 in 2024.

The 2024 sale was 14% below the Monterey median unit price for that year ($836,000 across 51 sales).

Since then the median unit price in Monterey has risen 9%, from $836,000 in 2024 to $915,000 over the last 12 months (36 sales).

Monterey medians use NSW Valuer General sales of $50,000 or more, leaving out part-interest transfers and contracts covering several properties, and need at least 10 sales in the period. See Monterey sold prices by year.

Rent and yield

Units in postcode 2217 rented for a median $700 a week, from 1,091 bonds lodged Oct 2025 to Sep 2026.

On its last sale of $715,000 on 26 Jun 2024, that rent is a gross yield of 5.1% a year, before costs and vacancies.

Median weekly rents from residential rental bonds lodged with NSW Fair Trading, by postcode. This home's own rent may differ. See rents by bedrooms in Monterey.

Planning controls

Zone
R4 High Density Residential
Maximum building height
14.5 m
Floor space ratio
1:1, and clause 4.4 also applies here Floor area allowed for each square metre of site

From the Bayside Local Environmental Plan 2021 maps on the NSW Planning Portal, looked up at this address's map point on 22 Oct 2026. A control can cover only part of a site and plans change, so the council's planning certificate is the formal record. Planning data from the NSW Department of Planning, Housing and Infrastructure, CC BY 4.0.

Sale history

Sold is the contract date, when the sale was agreed. Settled is the date ownership transferred.

Beds Baths Cars Title reference
26 Jun 2024 7 Aug 2024 $715,000 - - - 8/SP1746
20 Jan 2021 19 Feb 2021 $645,000 - - - 8/SP1746
$715,000 Sold 26 Jun 2024
Settled7 Aug 2024
Beds-
Baths-
Cars-

Title reference: 8/SP1746

$645,000 Sold 20 Jan 2021
Settled19 Feb 2021
Beds-
Baths-
Cars-

Title reference: 8/SP1746

Other sales at 30 Banks St

The most recent sales of other units in this building. See every sale in the building.

Beds Baths Cars Title reference
4 11 Jun 2026 10 Jul 2026 $920,000 - - - 22/SP1746
4 11 Jun 2026 10 Jul 2026 $920,000 - - - 4/SP1746
13 10 Mar 2017 1 May 2017 $615,000Contract for 2 properties. The price is the contract total. - - - 13/SP1746
16 29 Jan 2016 11 Mar 2016 $715,000Contract for 2 properties. The price is the contract total. - - - 16/SP1746
20 29 Jan 2016 11 Mar 2016 $730,000Contract for 2 properties. The price is the contract total. - - - 20/SP1746
6 29 Jan 2016 11 Mar 2016 $715,000Contract for 2 properties. The price is the contract total. - - - 6/SP1746
5 29 Jan 2016 11 Mar 2016 $730,000Contract for 2 properties. The price is the contract total. - - - 5/SP1746
23 10 Dec 2015 5 Feb 2016 $635,000Contract for 2 properties. The price is the contract total. - - - 23/SP1746
12 10 Dec 2015 5 Feb 2016 $635,000Contract for 2 properties. The price is the contract total. - - - 12/SP1746
$920,000 Sold 11 Jun 2026
Unit4
Settled10 Jul 2026
Beds-
Baths-
Cars-

Title reference: 22/SP1746

$920,000 Sold 11 Jun 2026
Unit4
Settled10 Jul 2026
Beds-
Baths-
Cars-

Title reference: 4/SP1746

$615,000 Sold 10 Mar 2017
Unit13
Settled1 May 2017
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 13/SP1746

$715,000 Sold 29 Jan 2016
Unit16
Settled11 Mar 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 16/SP1746

$730,000 Sold 29 Jan 2016
Unit20
Settled11 Mar 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 20/SP1746

$715,000 Sold 29 Jan 2016
Unit6
Settled11 Mar 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 6/SP1746

$730,000 Sold 29 Jan 2016
Unit5
Settled11 Mar 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 5/SP1746

$635,000 Sold 10 Dec 2015
Unit23
Settled5 Feb 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 23/SP1746

$635,000 Sold 10 Dec 2015
Unit12
Settled5 Feb 2016
Beds-
Baths-
Cars-

Contract for 2 properties. The price is the contract total.

Title reference: 12/SP1746

Recent sales on Banks St

Sold in the last two years.

Recent sales nearby

Sold in the last 12 months within about 400 metres.

See all sold prices in Monterey

Map